Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin
Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would…
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Why Stablecoins Fail: Lessons From the Past
Stablecoins, the cryptocurrencies pegged to fiat currencies like the U.S. dollar to keep their value steady, can still…
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the…
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the…
Terraform Labs to sell 4 companies as part of wind-down
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to…
Robinhood to Buy Back SBF’s Stake for Over $605 Million
Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX…
Silvergate CEO to depart amid ongoing liquidation and investor suits
Silvergate is losing CEO Alan Lane and two other top executives as part of an ongoing wind-down of…
Report: FTX Co-CEO Ryan Salame in Plea Deal Talks; Private Jet May Be Forfeited
A Bloomberg article, citing “people familiar with the case,” reveals that FTX’s co-CEO Ryan Salame is allegedly in…
Ex-Alameda CEO Caroline Ellison’s Google Docs Diary Exposes Struggles Prior to FTX Collapse
According to the New York Times and several sources familiar with the matter, Caroline Ellison, former CEO of…
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory…